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Edited by Hoggs Bison: 6/25/2015 4:41:25 PM
35

Obamacare has been upheld by the Supreme Court

yay

209

boo

241

[url=http://www.vox.com/2015/6/25/8804053/king-v-burwell-obamacare-scotus-in-favor]Linky[/url] [quote][b]Why was this case such a big deal?[/b] In King v. Burwell, health law challengers argued that the federal exchange, Healthcare.gov, doesn't have the legal authority to distribute Obamacare tax credits that help low- and middle-income Americans purchase coverage. Since most states rely on Healthcare.gov as their Obamacare marketplace, a decision in favor of the challengers would have a sweeping impact. In Obamacare's first year, 34 states defaulted to Healthcare.gov, the federally coordinated exchange. An estimated 87 percent of individuals who enrolled through the website are receiving subsidies — the precise subsidies that this court case calls into question. Without subsidies, private insurance would have become unaffordable for many people who have already enrolled. The Obama administration estimates that 6.4 million Americans currently get financial subsidies through Healthcare.gov. If the plaintiffs prevailed and subsidies were withdrawn, healthy people would have dropped their coverage, and only the people who are very sick — and therefore very expensive to insure — would keep their plans. This would have set up the classic insurance "death spiral." By putting coverage out of financial reach for so many people, it would undermine the entire purpose of the Affordable Care Act.[/quote] So Obamacare has lived to see another day. Do you think that's a good thing?

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